Thanks for the effort so far guys...

It does a little of both. A balloon appears when files are added or deleted. When it is synching there is no balloon, unless you put your mouse over it.

It's like Dropbox purposely makes this information hard to get. When I made the UDF to get the dropbox folder path, it was ridiculous what I had to do... http://www.kixtart.org/forums/ubbthreads.php?ubb=showflat&Number=204938#Post204938